realtors

Boston Market Update: May 2016

The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

 

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NAR Survey Shows Millennials are Buying the Most Homes

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According to the National Association of REALTORS® Home Buyer and Seller Generational Trends study, millennials make up the largest percent of recent buyers.  Thirty-two percent of all buyers in the past year have been 34

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Pending Home Sales Reach Highest Level in Seven Months

Pending home sales rose to their highest level this February, and remain higher than a year ago according to the National Association of REALTORS?. Led by a sizeable increase in the Midwest, all major regions except for the Northeast saw an increase in contract activity.

Although the Pending Home Sales index, a forward-looing indication based on contract signings, has now increased year-over-year for 18 consecutive months, last month?s gain was the smallest.

Attracting Millennial Agents and Customers

Millennials will soon become the largest group looking to buy and sell their homes, and are set to become the real estate industry?s most influential demographic. To keep your real estate business thriving over the next two decades, you will need to attract both Millennial customers and agents. Here are a few characteristics to keep in mind.

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Five Tips to Wow Your Clients

When was the last time you received an unexpected service or treat? Perhaps your favorite restaurant gave you an appetizer on the house or the local baker you frequent gave you a free pastry “just because.”Did it put a smile on your face and make you want to tell everyone you know about the great service you received?

That’s how your clients feel when you go the extra mile for them, not just while you’re working with them on a transaction, but before and after as well. It’s the little things you do to show your clients you care that matter in the long run. Show them you want to establish trust. 

Boston Market Update: May 2016

The Greater Boston Association of Realtors has released the local market updates for March 2016 and seeing how single-home and condominium sales increased despite an increase in pricing, it is safe to say its a sellers market.
The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. However, while prices were way up over last year, the sales have not suffered.

 

Needham Market Update : May 2016

The Greater Boston Association of Realtors has released the Needham market updates for March 2016 and judging from the increase in single-home listings and decrease in pricing, it is clear we have a buyer?s market.

The supply of homes for sale in March was significantly higher than February, indicating that more sellers are deciding to list their homes. Not surprising, since prices were way lower than last year, the sales have significantly increased.

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Brookline Market Updates

The Greater Boston Association of Realtors has released the local market updates for March 2016 and the real estate market in Brookline is looking healthy!

The supply of homes for sale in March was way up over February, indicating that more sellers are deciding to list their homes. And, while prices were also up over last year, the increases are seemingly harmless to sales.

Wellesley Market Update: First Quarter 2016

The Greater Boston Association of Realtors has released the local market updates for the first quarter of 2016 and aside from some high condominium pricing; the real estate market in Wellesley is not looking too bad!?
While prices saw a small increase of 6 percent over last year, that did not affect sales negatively.

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Home Sales Forecasted to Have Best Year Since 2006

Relentless supply constraints and home price growth outpacing wages are testing the patience of homebuyers this year, but existing-home sales are still on track to come in at their highest pace since 2006, according to an economic forecast forum at the 2016 Realtors® Legislative Meetings & Trade Expo.

Among the topics addressed were: the growing burden repaying student loan debt is having on young adults, the housing market and the overall U.S. economy.

MA Home Sales Down For The First Time In Over A Year

The number of homes sold in MA actually decreased this past July. On Tuesday, the Massachusetts Association of Realtors (MAR) reported 5,799 sales in July – a 14% drop from last year. This is the first time MAR has reported a drop in sales in over a year.